Many a metal trader will have popped the cork on his New Year’s bubbly, confident that 1997 can hardly be worse than 1996. Precious metals nosedived, and the base metals went for a bumpy ride courtesy…
London Metal ExchangeMidday bid-ask prices in $US per tonneDateDec. 27Dec. 24Dec. 23Dec. 20Alumin…
The Vancouver Stock Exchange composite index was up slightly over a slow Christmas week to close at 1162.27, up 16.76 points from the previous week’s close of 1145.51. The resource index closed at 229…
A private placement of just over a million shares will allow Glimmer Resources (GME-V) to meet cash calls for development work at the Glimmer project in Hislop Twp., east of Matheson, Ont.Glimmer and …
ALUMINIUM: LME settlements US$1,523.50 per tonne, alloy $1,377.50 per tonne (Dec. 24/96).ANTIMONY: Composite free market, US$2,075 per tonne (Dec. 27/96).BISMUTH: Composite free market US$3.20 per lb….
ExchgValue($000s)HighLowCloseChangeBre-X MnrlsT57…
Three junior mining companies opened gold mines in North America last year, and, while admittedly modest, the operations will set a substantial profit for their proprietors.In the Wawa area of norther…
An engineering and optimization study on the Canatuan massive sulphide deposit on the Philippine island of Mindanao has increased reserves and production rates for TVI Pacific (TVI-T).The study increa…
I had just been delivered back to an exploration base camp after a near disaster on the Ontario-Manitoba border. When the Bell J2 helicopter came home after being repaired, it immediately left to prov…
Monday, December 30, 1996Price (US)Week’s ChangeGold*$369.60+ $0.40Silver*$ 4.88…
Short positions outstanding at December 15, 1996Larger individual positions included: Barrick Gold 10,999,002, down 1,002,994; Agnico-Eagle 447,992, down 97,393; Archer Resources 299,100; Anvil Range …
Exploration activity has picked up steam in Sweden since Boliden announced the discovery of a gold deposit in the country early last year.The deposit, which is now reported to contain 8 tonnes of gold…
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